ConServe Awarded New Federal Contract

Award Creates Opportunities for 50 New Jobs

Fairport, N.Y. – Continental Service Group, Inc., d.b.a. ConServe, is pleased to announce that they have been selected by The U.S. Department of the Treasury, Financial Management Service through a competitive bid process to receive one of four debt collection contracts. ConServe was selected to be one of four Private Collection Agencies who will assist FMS in the collection of non-tax debts owed to the Federal Government.

With this contract, ConServe anticipates creating 50 new jobs over the next 36 months. The first transfer of accounts is tentatively anticipated during the second quarter of 2012.

"We are delighted that ConServe was selected by the U.S. Department of the Treasury, Financial Management Service through this competitive process as one of the top four bids," said Mark E. Davitt, President of ConServe. "Our staff members are real time problem solvers, dedicated to helping find a solution that preserves a sense of control and individual self-esteem. In today's economy, it's imperative that we work with people who are currently delinquent on their obligations to help them regain control of their finances and assist them in achieving long term fiscal well being."

ConServe has two production sites located in Fairport and Buffalo, New York, with its Corporate Offices at the Fairport location.

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